GCMAsia - USDJPY
USDJPY
2017-05-05
| Resistance and Support | Level | Explanation |
| Resistance | 112.65 | H1 |
| Support | 112.30 | H1 |
USDJPY, H1: USDJPY were traded higher following prior rebound from the strong support level of 112.30. As the downward signal line from MACD histogram continues to narrow upwards, a closure above the resistance level of 112.65 would suggest USDJPY to extend its upward momentum.
Resistance level: 112.65, 113.05
Support level: 112.30, 111.95